Author: schnepsrestagent

Real estate firm predicts slowing of rent growth in NYC in 2024

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real estate

Dec. 4, 2023 By Ethan Marshall There is an expectation that the growth of rent in New York City will be much slower in 2024, according to the housing market predictions made by the real estate firm StreetEasy. At the same time, the report predicts that there will continue to be more demand for homes in the city than the amount of units available and thus preventing rents from falling. While the expectation is that inventory in New York City will further grow in 2024, it will still be smaller than the pre-pandemic levels. As a result, the rent growth…
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Buy ‘Made in Queens’ this holiday season

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Queens

Dec. 1, 2023 By Tammy Scileppi Seems as if the holiday season is coming upon us quicker than ever! And if you’re running out of thoughtful ideas for gifts and stocking stuffers, here are some tempting offerings, courtesy of those innovative Made in Queens (MiQ) folks. “Our Made in Queens program is so rewarding because…
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QNS Weekender: Six things to do in Queens this weekend

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week

Nov. 30, 2023 By Nevine Salameh As we transition from Thanksgiving, the Queens community is lining up for a weekend filled with festivities, ushering in the holiday spirit.  Scheduled events include the Parade on Rockaway, Astoria’s tree lighting ceremony, an opportunity to give back at the annual toy drive and more. For those looking for…
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Queens among top areas preferred by renters in countrywide real estate report

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Queens

Nov. 28, 2023 By Ethan Marshall Queens was viewed as one of the top areas in the United States by renters throughout November 2023, according to the latest rental activity report compiled by the national real estate firm RentCafe. Queens is also the most popular rental destination in the northeastern region of the United States….
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Crunching the Queens crime stats: grand larceny auto incidents soar, with NYPD reporting surge in vehicle thefts

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grand larceny

Nov. 21, 2023 By Ethan Marshall The number of vehicles being stolen, categorized by the NYPD as grand larceny auto, has increased throughout Queens year-to-date, compared to the same period in 2022, according to the latest crime stats released by the NYPD. Grand larceny auto incidents are up 39.6% in northern Queens for the year through Nov. 19, rising from 1,718 incidents last year to 2,398 this year. In southern Queens, grand larceny of automobiles rose 14.2% over the same period of time, from 1,423 to 1,625. The increase in grand larceny auto incidents across Queens can also be seen…
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MTA announces changes to weekend services in Queens amid accessibility upgrades

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Nov. 16, 2023 By Nevine Salameh Beginning Saturday, Nov. 18 and continuing through next spring, the Metropolitan Transportation Authority (MTA) has announced upgrades aimed at improving the accessibility of the Queensboro Plaza station, causing changes to regular weekend services. The upgrades include the installation of a new platform mezzanine elevator shaft, mezzanine expansion by ceiling…
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NYC among least affordable markets in the country: report

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least

Nov. 16, 2023 By Ethan Marshall New York City was named among the least affordable cities in the United States over the month of October, according to the latest National Affordability Report from the real estate firm RealtyHop. The Big Apple ranked as the fourth-least affordable city, moving up from the fifth place spot in the prior month’s report. The cost of a home in New York City ended up increasing, with the real estate value growing 3.8%. High interest rates and asking prices were cited as two of the main contributing factors to New York City becoming less affordable…
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